obama, as a leader of the united states is not prepared to get half half a dozen old men to say, wait a minute, the country is about to go off a cliff. we have this extraordinary deal with the house of representatives. instead, he goes with them. and he gets nothing. he gets a budget of more than 700 days. the trust in washington is gone. even senate democrats don't trust them. the president is unable to govern in key economic areas. is an extraordinary moment. >> host: if obama is reelected, what are we suggesting -- another downgrade? >> i think if the house and senate remain as they are and obama is reelected. in other words, the status quo continues, i think that we did stagnation. >> if the democrats gain control of the senate again? >> if they continue to control the senate. they do control the house. i have seen stagnation going forward. in ability, the lack of trust of key players is enormous. the inability to think outside the box. let's look at the bigger picture here. the entitlement state was created in the 1930s and expanded in the 1950s, but it is almost 50 years old. on